Astropundit : Stock Market Predictions for the fortnight beginning 1st Nov 2008
Posted by: astropundit on: October 29, 2008
From www.astropundit.com
Stock market trends and planetary movements
This month will start on a dull note with the market fluctuating resulting in a loss of confidence in the market. Surprisingly, the momentum will pick during the second week with the IT, Communications, Mass Media and Banking sectors showing some growth. FII inflows may happen during the second week too. The market will show signs of recovery from the bear hug.
Sector wise performance
Information and Technology
There will be a marked growth during the second week of this fortnight.
Telecom
This sector will be positive throughout this fortnight and consistent growth can be expected.
Entertainment and Mass Media
Growth can be expected during the second week.
Cement and Steel
There will be some fluctuation though there will be moderate growth in share price of reputed firms.
Banking and Finance
There will be gradual recovery in this sector.
Textiles
There will be lot of fluctuation without much growth.
Automobiles
There will be a marginal growth in this sector.
Petroleum
There will be an impressive growth in this sector too.
Chemicals & Pharma
Nothing much in this sector though reputed firms may do well.
Leave a comment